Comcast may fall to 34.60 - 35.60

40.4 is our pivot point.

Our preference

Under pressure below 40.4.

Alternative scenario

Above 40.4, look for 42 and 43.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the share stands below its 20 and 50 day moving average (respectively at 39.5485 and 38.7968).

Supports and resistances

43 **

42 *

40.4 **

39.8

38.53 (USD-last)

36.5

35.6 **

34.6 *

33.7 **

Number of asterisks represents the strength of support and resistance levels.